Introduced by Senator Giard of Addison District
Subject: Public service; regulation of corporations; new electric facilities; certificate of public good
Statement of purpose: This bill proposes to require a utility upgrading a transmission facility to pay adjoining landowners if the project lowers the adjoining landowners' property value.
AN ACT RELATING TO UPGRADING TRANSMISSION FACILITIES
It is hereby enacted by the General Assembly of the State of Vermont:
Sec. 1. 30 V.S.A. § 248(m) is added to read:
(m) Before the public service board issues a certificate of public good for the upgrade of an electric transmission facility pursuant to this section, the board shall find that the company applying for the certificate has included as part of the upgrade compensating adjoining landowners for any significant reduction in the value of the property of the adjoining landowners that will result from the completion of the upgrade.
The Vermont General Assembly
115 State Street